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Compensation Strategist
1 month ago
We are seeking a highly skilled Compensation Strategist to join our team at BMO. As a key member of our compensation team, you will provide expert advice and counsel to executive leaders and stakeholders to ensure the effectiveness of our compensation programs.
Key Responsibilities:
- Develop and implement compensation strategies that align with BMO's business objectives and support the execution of our overall strategy.
- Provide expert advice and counsel to senior leaders and stakeholders on compensation-related matters, including program design, governance, and regulatory compliance.
- Collaborate with internal stakeholders to design and implement compensation programs that drive business results and enhance employee productivity and engagement.
- Analyze data and trends to inform compensation decisions and identify opportunities for improvement.
- Communicate compensation strategies and results to senior leaders and stakeholders through regular reporting and presentations.
Requirements:
- Typically 7+ years of relevant experience and post-secondary degree in a related field of study or an equivalent combination of education and experience.
- Expert knowledge of compensation theory and program design methodology.
- Seasoned professional with a combination of education, experience, and industry knowledge.
- Verbal and written communication skills, in-depth/expert.
- Analytical and problem-solving skills, in-depth/expert.
- Influence skills, in-depth/expert.
- Collaboration and team skills, with a focus on cross-group collaboration, in-depth/expert.
- Able to manage ambiguity.
- Data-driven decision-making, in-depth/expert.
Salary:
$100,000.00 - $185,500.00
Pay Type:
Salaried
The above represents BMO's pay range and type. Salaries will vary based on factors such as location, skills, experience, education, and qualifications for the role, and may include a commission structure. Salaries for part-time roles will be pro-rated based on the number of hours regularly worked. For commission roles, the salary listed above represents BMO's expected target for the first year in this position.
BMO's total compensation package will vary based on the pay type of the position and may include performance-based incentives, discretionary bonuses, as well as other perks and rewards. BMO also offers health insurance, tuition reimbursement, accident and life insurance, and retirement savings plans. To view more details of our benefits, please visit our website.
Equal Employment Opportunity Statement:
BMO is proud to be an Equal Employment Opportunity and Affirmative Action employer. We do not discriminate based upon race, religion, color, national origin, sex (including pregnancy, childbirth, or related medical conditions), sexual orientation, gender, gender identity, gender expression, transgender status, sexual stereotypes, age, status as a protected veteran, status as an individual with a disability, or other applicable legally protected characteristics. We also consider qualified applicants with criminal histories, consistent with applicable federal, state, and local law.
We're here to help:
At BMO, we are driven by a shared Purpose: Boldly Grow the Good in business and life. It calls on us to create lasting, positive change for our customers, our communities, and our people. By working together, innovating, and pushing boundaries, we transform lives and businesses, and power economic growth around the world.
As a member of the BMO team, you are valued, respected, and heard, and you have more ways to grow and make an impact. We strive to help you make an impact from day one – for yourself and our customers. We'll support you with the tools and resources you need to reach new milestones, as you help our customers reach theirs. From in-depth training and coaching, to manager support and network-building opportunities, we'll help you gain valuable experience, and broaden your skillset.
To find out more, visit our website.